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Author Question: Assume your demand for Tango remains constant, but the price of Tango increases. Your consumer surplus (Read 152 times)

RODY.ELKHALIL

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on: May 25, 2020

Question 1

You would be willing to pay a maximum of to attend a concert, and you can buy a ticket for Your consumer surplus is
◦ £20.
◦ £80.
◦ £30.
◦ £10.

Question 2

Assume your demand for Tango remains constant, but the price of Tango increases. Your consumer surplus
◦ increases.
◦ decreases.
◦ remains constant.
◦ may increase or decrease depending on the amount of the price decrease.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by RODY.ELKHALIL on May 25, 2020

Sophiapenny

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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RODY.ELKHALIL

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

gcook

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Reply 3 on: Yesterday
:D TYSM

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